Insurers in the U.S. lose roughly $308 billion to fraud per year—nearly 25% of the industry’s total value. Within the property and casualty and auto insurance sectors alone, annual fraud losses can ...

SEVEN NEWS, TARGET 7 TOLD YOU HOW THE STATE IS SPENDING NEARLY A HALF $1 MILLION TO INVESTIGATE WHAT THEY CALL IRREGULARITIES IN THE INSURANCE FRAUD FUND, AND THAT COST COULD GROW TO NEARLY A MILLION.